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John Kerry announces US backing for $134m of Althelia forestry loans
28 May 2014US government guarantees will enable the Althelia Climate Fund to offer $133.8 million in commercial loans to forest conservation projects in developing countries, US Secretary of State John Kerry told the Carbon Expo conference in Cologne.
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Modest rise in EU carbon price by 2020 forecast by industry
28 May 2014The average price of carbon allowances in the EU Emissions Trading System between 2013 and 2020 is expected to be about €8 ($11), according to a survey of market participants.
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Carbon markets now worth $30bn, says World Bank
28 May 2014The world's emissions trading systems, for reducing emissions of greenhouse gases, are now worth about $30 billion, following the launch of eight new markets in 2013, the World Bank says.
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Solar giants team up on new factory
27 May 2014Renewables heavyweights Canadian Solar and GCL-Poly Energy Holdings have entered into a joint venture to construct a solar cell factory in China.
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World can save $71trn by moving to clean energy
27 May 2014Slow progress in tackling climate change is pushing up the cost of dealing with the problem. It is time for businesses to show leadership and reap the cost savings generated by the transition to a low-carbon economy, argues Christopher N. Fox
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LDC backs UK energy efficiency company
27 May 2014Lloyds-owned private equity house LDC has invested in Stroma – a software and consultancy provider to the UK energy markets.
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Camco's shares rise 38% after it confirms contract bids
27 May 2014Project developer Camco Clean Energy's share price leaped 38% today after it confirmed speculation that it was in the running to win two contracts.
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UK subsidy changes 'to make life more challenging for solar funds'
27 May 2014Proposed changes in the UK's subsidy regime will make life more challenging for recently listed solar funds, a leading consultant at Grant Thornton has warned.
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China solar energy giant aims to raise $774m from new share issue
27 May 2014Shunfeng Photovoltaic International, China's largest independent solar energy company, plans to issue HK$6 billion ($774 million) of new shares to fund more utility-scale and distributed solar PV projects.
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Partnership formed ahead of 'solar upsurge' in Myanmar
27 May 2014Solar firms Sunlabob Renewable Energy and Relitec have teamed up with the aim of developing the market within Myanmar – formerly Burma.